Lost Ark: How to Use Coins of Courage from Skyzhay's blog

Each time a player wins during Lost Ark Gold a match of PvP it rewards them with some Coins of Courage. It doesn't matter whether players are playing Deathmatch, Team Deathmatch, or Team Elimination, as each type of match rewards its players with cash. But, those who wish to earn more should try to climb the PvP ladder of rank. The higher their rank, the greater the payout. Of course, players have to participate in games before they are able to be able to access the ranks fights.

However, players shouldn't believe that they will win or even Coins of Courage by waltzing into the arena wearing an unleveled character. In Lost Ark, every PvP participant is handed a separate character to modify as they see fit. All characters in dueling are of the same level and thus identical in terms of stats and capabilities (different classes notwithstanding the fact that they are all equal) The only way to win PvP fights and Coins of Courage, is with sheer skill and perhaps a dash of luck.

Also, players can only get Coins of Courage from PvP matches if their Item Level is greater than 302. If not, they will get Tenacious Coins.

As with other currencies in Lost Ark, Coins of Lost ark gold buy Courage have their own dedicated vendors: the Quartermasters who hang around PvP arenas. However they are NPCs aren't currently offering anything for sale. Many players believe Quartermasters are tied to the PvP Season that's coming and will not be selling anything until it begins later in the month.